Socialism

One has to strain to think of even one or two pro-worker or pro-union moves that Trump has taken. The White House says his tariffs are pro-worker and pro-union, insisting they will bring back manufacturing jobs. But many economists say Trump’s tariffs will hurt myriad industries and workers. His auto tariffs, for instance, will increase car prices and as a result, auto sales, auto production and auto jobs will decline, at least short-term. Not only that, other countries’ retaliation will pummel various US industries and trigger additional layoffs. Moreover, Trump’s tariffs will undermine GDP growth and perhaps push the US into recession. Bottom line: Trump remains obsessed with tariffs, even though they’re likely to result in more pain than gain for US workers.